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I Lost Thousands On This Rent-to-Rent Serviced Accommodation Deal

  Рет қаралды 5,415

Simon Smith Online

Simon Smith Online

Күн бұрын

Set-up, Systemise, and Cash Flow a Property You Don’t Own In Just 90 Days With The Most Comprehensive Rent-to-SA Course Available - www.learnsa.co.uk
Video description: ⚡️What happens when you take on a rent-to-rent deal, you spend money on it, guarantee the landlords rent and instead of cash flowing freedom you end up losing money 😢
💣 Well guess what, this can happen to anyone, even me! Watch my new video to see why I had to hand back this rent-to-serviced accommodation deal and how I managed to protect myself 💪
📞 Book your free rent-to-rent discovery call now: calendly.com/t...
Want to know more about rent-to-rent? Join my Creative Cashflow Facebook Group: / creativecashflowsimon
✅ Get your free downloadable rent-to-rent business set-up checklist guide: simonsmithonli...
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#renttorent #propertyinvesting #servicedaccommodation #airbnbbusiness #airbnbtips #rent2rent

Пікірлер: 32
@SimonSmithOnline
@SimonSmithOnline 5 ай бұрын
Only a few years ago I started my property journey from zero. Want to know the formula I used to create a 7-figure Rent-to-Rent business in just 3 years?! Here’s the exact formula I used to transform my life using rent to Rent-to-Rent 2.0: kzfaq.info/get/bejne/m8polNuZmZzSf2g.html
@investastutely361
@investastutely361 Жыл бұрын
Thanks for being sincere and honest Simon it is highly appreciated for keeping it real! 🙏 ❤
@SimonSmithOnline
@SimonSmithOnline Жыл бұрын
Appreciate it. Have to keep it real. It's not all giggles and cash flow!
@robertharrison9490
@robertharrison9490 4 ай бұрын
This is what a lot of people need to see and understand that in your property mindset you have to have the foundations and research to carry you through.
@SimonSmithOnline
@SimonSmithOnline 3 ай бұрын
YES! how are you?
@BoundByHonor700
@BoundByHonor700 Жыл бұрын
Most people dont talk about this which can be critical make or break deal
@SimonSmithOnline
@SimonSmithOnline Жыл бұрын
For real. Thank you for your kind words
@CemSk1
@CemSk1 Жыл бұрын
I literally thought this today! It can't always go right and what is it like when it doesn't. Man, that thought must have just been in the air. Thanks and blessings as always Simon. Cem :)
@SimonSmithOnline
@SimonSmithOnline Жыл бұрын
Real talk! Take time, get educated and test the demand and in most cases this stuff will work! :)
@redeemedofthelord5516
@redeemedofthelord5516 Жыл бұрын
Amazing Simon! I love how humble and gracious this comes across!!!
@SimonSmithOnline
@SimonSmithOnline Жыл бұрын
Appreciate you
@johnyp2967
@johnyp2967 7 ай бұрын
Line the honesty bro. Your value is great surprised you haven't got more views.
@mariathomas3621
@mariathomas3621 Жыл бұрын
Realness Thanks, Simon always giving the truth in the business. Much appreciated
@Heybheyhey
@Heybheyhey 3 ай бұрын
Rent to rent is so risky and the market has become so flooded especially in London.
@SimonSmithOnline
@SimonSmithOnline 3 ай бұрын
Risky? How so?
@ruwanperera5894
@ruwanperera5894 5 ай бұрын
Thanks for the honesty!!! Great information. Thanks for sharing!!
@SirAdams0
@SirAdams0 Жыл бұрын
takes balls to make a video like this
@SimonSmithOnline
@SimonSmithOnline Жыл бұрын
Appreciate you. ✌️
@shaheenshan3167
@shaheenshan3167 Жыл бұрын
Hi simon great video once again, brought up a few questions for me; how would you do a dummy add? Also in terms of research everyone speaks about air dna but is this really accurate enough to take the risk? Can u advise what area this was? Thank you 😊
@liszaf3976
@liszaf3976 11 ай бұрын
So many people promoting SA that a lot of markets are now flooded, it's happened to us where we are something else to consider!!
@Delightfullala
@Delightfullala 9 ай бұрын
How can I be sure I have the right investment
@adamsowa5927
@adamsowa5927 10 ай бұрын
You should’ve put in a 3 months break clause to limit your losses
@SimonSmithOnline
@SimonSmithOnline 10 ай бұрын
I had 2 months termination clause mate - Break Clause isn't the correct clause btw. A break clause is mutual at set points in the contract. Termination clause can be triggered at anytime based on set parameters .
@1joelsmus
@1joelsmus 7 ай бұрын
How do you do a good dummy ad?
@karimbelhadj1
@karimbelhadj1 6 ай бұрын
Just for interest Simon. How far was this from the centre & nearest train station in terms of miles? Found a similar apartment in North london zone 4 with 16 min walk to underground & thinking not to take but focus on 3bed houses with parling instead.
@carltonhepburn4072
@carltonhepburn4072 10 ай бұрын
That was real
@SimonSmithOnline
@SimonSmithOnline 10 ай бұрын
Appreciate you
@Delightfullala
@Delightfullala 9 ай бұрын
Oh great 😭😭😆
@CemSk1
@CemSk1 Жыл бұрын
🙌
@SimonSmithOnline
@SimonSmithOnline Жыл бұрын
:)
@bakeiticeit
@bakeiticeit Жыл бұрын
Maybe £1000 guaranteed rent was too high
@SimonSmithOnline
@SimonSmithOnline Жыл бұрын
Essentially but the figures in principle worked hence I took it on. I reckon it may have worked at 800 but that wouldn’t have worked for landlord so stale mate
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